Insight and inspiration in turbulent times.
Kathleen Hays I asked Joe Terranova, director of trading for MBF Clearing Corp., why oil keeps going up and up. “Simple, the cat is out of the bag!” according to Joe. “Traders now recognize, for the first time since oil futures have traded, that there truly exists a demand to supply problem.”
It has often been predicted that the next war in the Middle East would be fought not over land, not over oil, but over water.
“America’s has its hand in the coconut.”
Abdullah al-Saif, Aramco’s senior vice president for exploration and production, was quoted in the March 14 edition of the Daily Star about future oil production projects in Saudi Arabia. Let us take a look at the projects he named in more detail.
Solar electricity production growth jumped 67 percent last year as established industry players increased output and new players entered the industry, a survey said.
When demand for energy exceeds what the world can supply, everything will begin unwinding, sending us back to local communities – or perpetual war
Oil prices that have hovered around record highs for weeks are likely to continue to be high for another two years because of rising demand and supply constraints, the head of the International Monetary Fund said Saturday.
Excerpt from William Catton’s classic 1980 book Overshoot: The Ecological Basis of Revolutionary Change. Plus, a recent letter from William regarding his current book project.
Eric Sprott could have told you this was coming. Canada’s top fund manager was buying energy stocks long before oil — and other commodities — became the hottest investing trend since the technology bubble. He is wildly bullish about energy. Two words explain why: Hubbert’s Peak.
Energy demand in the United States and China has been relentless. The appetite for more oil in the two fastest growing economies in the world goes on unabated.
Deloitte & Touche LLP has urged regulators worldwide to update their oil and gas reserves reporting requirements and to expand the scope of mandatory disclosures in annual reports and financial statements.
We must apply the same can-do attitude and the same brainpower and technical resources to the alternatives-to-oil issue as we did to landing a man on the moon.
